Next (OTCMKTS:NXGPY) Shares Gap Up – Here’s Why

Next PLC (OTCMKTS:NXGPY) shares gapped up before the market opened on Friday. The stock had previously closed at $99.8540, but opened at $104.75. Next shares last traded at $104.75, with a volume of 532 shares traded.

Analyst Upgrades and Downgrades

Separately, Zacks Research downgraded shares of Next from a “hold” rating to a “strong sell” rating in a report on Monday, October 12th. One equities research analyst has rated the stock with a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Reduce”.

Next Price Performance

The firm has a fifty day moving average of $101.84 and a 200-day moving average of $97.32. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.76 and a quick ratio of 1.15.

About Next

Next plc is a United Kingdom-based retailer offering clothing, footwear, accessories, beauty products and home furnishings. The company sells products through its portfolio of retail stores, websites and mobile platforms, serving customers in the U.K. and international markets.

Next also operates as a platform for selected third-party brands, providing services such as online retail, warehousing, delivery and customer support. Its broader activities include finance-related services associated with customer purchases and the licensing of the Next brand to international partners.

The company traces its origins to J.